The new tax will only widen the ownership gap between the haves and the have-nots, according to a markets observer
MICs and other private lenders currently account for 10% of all new residential mortgages in Ontario. This number will surely increase in the short-term as buyers look for alternative lenders not governed by OSFI
Forget its old tag as a cow town and embrace its position as a new tech-centre with huge potential for growth. That is the advice of Canadian investors that are parking their cash in Ohio, or more specifically Columbus and Cleveland.
Today’s homebuyer is different to those of previous generations. In the age of smartphones, apps and smart homes, the modern house hunter’s demands have changed dramatically. At the same time, in an era defined by fluctuating house prices, today’s homebuyer is more cost-sensitive than ever before.
More Canadian investors are taking advantage of attractive commercial real estate opportunities down south. Thanks to tougher lending conditions, more investors are looking to move into the commercial arena…and they are heading south to avail of the attractive prices and market supply.
Canadians need to stop focusing so much on the U.S. dollar or else they will miss the boat, says one seasoned investor. The fluctuating Loonie in recent months may have stalled many expansion plans of late, but one investor says it is time to stop obsessing about the currency rates.
Perkins Coie is pleased to announce that Devin P. McComb has joined the firm’s Seattle office as a partner in the Real Estate & Land Use practice
Grimsby skyline to be reshaped by tallest buildings in city: two-tower residential complex
Connect Asset Management Challenges the Financial Community to Invest in Downtown Toronto Real Estate for a Good Cause